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believe that they should at least pass a smaller package of spending cuts and tax reforms. >> a smaller package. because you can't get a deal done in time? so of course, it's not the first time washington has kicked the can down the road. we know that. remember when we first heard about sequester, that bizarre word that is now part of the lexicon? it was august 2011 and the word sequester came out of the failed deal on the debt ceiling. then came the fiscal cliff, that was the next chance to prevent all of the cuts. washington punted, they said hey, three more months, we'll solve it then. nope. now three months is coming so guess what? they will punt again. you know what, thinking about it today, it reminded me a lot about this. ♪ put your little hand in mine ♪ put your little hand in mine ♪ put your little hand in mine ♪ there ain't no hill or mountain we can't climb ♪ >> that of course was "groundhog day." at least they had a good song. we have to listen to the terrible voices of people in washington. "outfront," michael waldman from nyu school of law, and michael medved, co
. coming up, a georgetown icon accused of not paying their taxes. what georgetown cupcake has to say. >> anger in some parts after- school s >> a former culpeper police officer has been sentenced to three years for the shooting death of an unarmed woman. >> jeff goldberg was in the courtroom and has the reaction tonight. >> when the morning began, we were not sure if you would have a hearing today or if the judge was going to grant the defense a mistrial after issues of jury misconduct revealed a couple days ago. the judge decided the verdict was fair and legitimate and daniel harmon-right is now in jail for what could be three years. before daniel harmon right was led into jail after sentencing, his lawyer said this about punishment. >> i don't think anybody can do anything worse to him. after the judge ruled wednesday's verdict would stand, despite jury misconduct during deliberations, the trial moved on to sentencing. harmon-wright again taking the stand, fighting back tears saying, "i am depressed all the time. i think about this every waking second of every day. this will never
taxes and that is what they are saying about the sequester. can hwe can replace or delay by getting revenues in the door and that means taxes. >> greta: the whole sequester thing emerged in august of 2011 and the idea of sequestration was from the president if they didn't have a decision by the supercommittee in november. that at any time happen. it was supposed to be january of 2013. nobody has done anything. the president hasn't made sure it got doughnuts leader and they push it off to march 1 and between january 1 and march 1 all of this stuff is going to get done. zero has gotten done and the president wants another delay and says today we can't just cut our way to prosperity meaning who is going to get the taxes this time. he raised it on the rich? now, are the middle class going to get? >> they have to to get serious revenue. he is talking about we will tax corporate jets and oil and gas. that raises about $3 billion a year. the deficit next year according to the congressional budget service $845 billion. they have $3 billion in tax increases against a $845 billion deficit. th
't be the worst thing in the world because it may be the best we can get without tax increases. they're done talking about taxes. >> they say they're done. the president will say again he wants a package of spending cuts now and a bigger negotiation he wants more revenue or tax increases. this is the president's way. he's beginning his second term. last thing he wants is disruption in the economy in the psychology, financial markets to set his second term off when he thinks things are growing. how much is baked into the marks, if you will? do they expect the sequester, as more people in washington say it's -- let's listen to the president. >> good afternoon, everybody. i want to say a few words about the looming debt lines and decisions that we face on our budget and on our deficit. these are decisions that will have real and lasting impacts on the strength and pace of our recovery. economists and business leaders from across the spectrum have said that our economy is poised for progress in 2013. and we have seen signs of this progress over the last several weeks. home prices continue to cli
prying eyes. &p3 ((brrak 3)) 33 3 tax rrttrns innlude some oo a consumer's most sensitive financial information, and -3 started,,it can be a primm -3& time for iddntity theff. karin caifa has tips to keep personallinforraaionnsafe, in today'' consumer watch. 3 3& p tax season is now officially uuderway and wheeher you''eefilinggyoor returns nlineeor thhough the maal, it's worth a few reminders t keep personaa information safe and away rrm iddntity thievees-- don't -3 parry ddcuments with yyur sociaa security numberror iidividual taxpayer -3 iientication number...---or giveettat information over tte phonee throogh the ail or over he internet unllss you -3 initiated the conversstion.-- pmke sure the computer you'rr uusng has pdated aati-spam and virus softtareeand securitt pptchhe.and no matter how buss you are, avoid &pworking on your txes over a public ww-fi connection, like 3 following shoull raise red flags ffr a consumer... -- more than ooe ax return filed in yyur name,-- a balance due ptax return,-- i-r-s rrcords ppinting toommre wag
. in the meantime president obama is asking republicans to delay spending cuts with more tax hikes. there are some liberal democrats who say republicans just want to gut the social programs. >> it's time we take off just the green eye shade and look at the people behind the cuts that have been made. $600 million cuts to community health centers. that's talking about taking food out of the mouths of babies. i would say mitch mcconnell is a bully. gregg: will republicans go for president obama's deal? martha: there are some tough new questions for the white house after a memo surfaced that lays out the case for targeting u.s. citizens overseas when they believe they are a threat to our country. the critics say it allows the president to be the judge, jury and executioner on americans. now there is a group of senators who say they want answers to this, and if they don't get them the president's nominee for cia and defense could be held up. >> we conduct those strikes because they are necessary to mitigate ongoing actual threats, prevent attacks and save american lives. these strikes are legal, ethica
and tax reforms to delay the sequester until a long-term solution is found. >> proposals that i put forward during the fiscal cliff negotiations in discussions with speaker boehner and others are still very much on the table. >> solvinging america's problems starts with what every family does every month. they have got to do a budget. >> senate republicans say they will examine the president's plan but they also plan to introduce their own to avoid the first year of defense cuts by reducing the size of the federal work force through attrition. also, president obama will be visiting israel this spring. the president and israeli prime minister binyamin netanyahu talked about the trip in a phone call last week. the white house says the visit is an opportunity to reaffirm the deep bond between our two countries and also provides an opportunity to talk about the way forward on iran and syria among other issues. the dates for the trip not yet announced. >>> we are getting a look tonight at that accident that led to the season-ending injury for olympic gold medalist lindsey vonn. why some
will be reached by the march 1 deadline. he urged congress to pass a smaller package of spending cuts and tax reforms to delay the sequester in a budget can replace it. >> the threat of massive automatic cuts have already started to affect businesses decisions. deep, indiscriminate cuts to things like education, training, energy, national security will cost our jobs. >> the president's budge set late again. democrats haven't done a budge net nearly four years. and none of them have aa plan to replace the sequester. the sooner we solve our spending problems, the sooner our jobs problem will go away as well. >> president obama says the proposals he offered boehner late last year during the talks over the fiscal cliff are still on the table now. >>> it was hot topic during presidential campaign. but a hot potato for some lawmakers. now immigration reform is taking center stage. steve handelsman joins from us capitol hill where the results of the november election left some republicans more open to overhauling the laws. >> reporter: maybe a lot more open. republicans up here on capitol hill in gr
raising tax rates? mr. obama makes news in his cbs interview. should scouting be open to gays? and byron pitts tells us how a killer once committed to a mental hospital got a permit by-to-buy 15 guns. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. the f.b.i. has stormed an underground shelter today, shooting to death a kidnapper and freeing a five-year-old boy unharmed. the boy, whose first name is ethan, had been held for seven days outside midland city, alabama. the family allowed us to show you his picture. the police say that ethan was kidnapped last tuesday from a school bus by 65-year-old jimmy lee dykes who neighbors have described as belligerent. mark strassmann is on the scene with the breaking news tonight. mark? >> reporter: scott, here's what happened in the final minute. two muffled bangs could be heard behind me in the direction of the shelter. an ambulance that had been parked nearby since the start of the standoff raced up the hill. about a minute later, local deputies and f.b.i. agents were patting themselves on the
's another reason to dread tax season. a higher threat of identity theft. we'll tell you how to protect your personal information this tax season. >>> drinking can really derail your diet. a new study suggests drinks made with diet mixers can make you more drunk than the full calorie mixes. researchers believe the stomach treats sugar sweetened beverages like food which reduces it from absorption. substitutes do not have the effect, which could lead to increased alcohol absorption. >>> if you're trying to get pregnant, your man may need to stay away from the tv. too much time in front of the television could reduce fertility. a trend of lower sperm counts in western countries could be linked to tv habits. men who watched more than 20 hours of tv a week had half as many sperm counts as those who do not. reduced physical activity could also be harmful to sperm production. >>> with the ravens winning the super bowl, so many parents think their kids have the right thing to be joe flacco or ray lewis. we'll take you inside a school which helps kids get a career in sports, if that's their goal. th
boehner says tax hikes are out of the question. >> every month with president obama kind of feels the same. high unemployment, rising prices, and more debt for our kids and our grandkids. >> reporter: speaker boehner says he does not want another temporary fix. some other republicans indicated they will let the automatic cuts take effect if there's no long-term agreement to reduce the deficit. both cuts would take a bite out of military and domestic spending programs including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> on the "cbs moneywatch" now, overseas markets got a boost and postal problems. ashley morrison is here in new york with that and more. good morning, ashley. >> and good morning do you, anne-marie. well top official's resignation from the bank of japan spurred the market this morning. tokyo's nikkei jumped 3% to close out a four-year high while hong kong's hang sang sank half a percent. the dow shot up 99 points to close at 13,979 while the nasdaq gained 40 points. >>> the end of an era at the post office may be near. after losing $16 billion la
an approach that includes more tax revenue and spending cuts. but house speaker john boehner says tax hikes are out of the question. >> every month under president obama kind of feels the same high unemployment rising prices, and more debt for our kids and our grandkids. >> reporter: speaker boehner says he does not want another temporary fix. some house republicans have indicated they will let the automatic cuts take effect if there's no long-term agreement to reduce the deficit. both cuts would take a big bite out of military spending and domestic programs including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> we're learning more about the dramatic rescue of that young alabama boy held hostage for a week. the boy identified only by his first name, ethan, celebrated his sixth birthday today. when the fbi stormed the bunker where he was held by his captive, the suspect opened fire. the suspect jimmy lee dykes was killed in that fire fight. dykes was accused of killing ethan's bus driver before kidnapping the boy and it appears he was
for more increases in tax rates. he said that in an interview with cbs news that was broadcast live before the super bowl. mr. obama signed a bill raising rates on higher-income americans last month but this is the first time that he's said that he doesn't intend to extend higher rates to more taxpayers. it's a change from the position that he's held for many months. >> we can't get this done unless we also ask the wealthiest households to pay higher taxes on their incomes above $250,000. >> pelley: that was mr. obama before the election and he made the same points in another way eight weeks ago. >> just to be clear: i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. >> pelley: but last month he signed a stopgap compromise with congress that raised taxes on families making more than $450,000 a year. as the budget negotiations continue now, we wondered whether he would return to his goal of extending higher rates to families at that $250,000 level. are you through raising tax rates? >> well, i don't think the issue right now is raisin
a tax? stu varney with what's wrong behind that record-breaking tax hike? he joins us live in studio e. e. good morning, stu. years ago, my doctor told me to take a centrum silver multivitamin every day. i told him, sure. can't hurt, right? then i heard this news about a multivitamin study looking at long-term health benefits for men over 50. the one they used in that study... centrum silver. that's what i take. my doctor! he knows his stuff. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your most complete. because the portions were much larger. and i just felt like i needed to eat it all because it was so yummy. weight watchers online worked for me because it lets me live my life. i can still go out with my friends. i can still enjoy my favorite foods and drinks. it's just a smarter way of eating. i lost 40 lbs. wow it's amazing. my most favorite part of my new body is my bottom. [ laughs ] [ hudson ] weight watchers online. the power of weight watchers completely online. join for free today. >> you remember when president obama said t
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at 2:00 p.m. pacific. one would treat-mile-an-hour like alcohol and create a federal tax. the other end would end federal marijuana prohib his and let the states -- prohibition and let the states set their own policies and the growers would have to obtain a permit and it would be illegal to take marijuana to a state where it's illegal. i just wrapped up an interview with one of the group's members. we'll hear from him when i see you next. kyla campbell, ktvu channel 2 news. >>> 7:17. a director is reportedly eyeing the town of ridgefield, connecticut to make a film related to the sandy hook school masser is. richfield is about 20 miles -- massacre. litchfield is about 20 miles away -- richfield is about 20 miles away from sandy hook. this has upset a lot of richfield residents. town officials say they would reject filming permits for the project. but so far, the director has not contacted them. >>> five firefighters are in the hospital in baltimore. they were hurt last night battling this huge fire at a lumber company. witnesses say the firefighters were trying to evacuate the building
that involves raising taxes, borrowing more money for increased stimulus spending -- what the calls investments -- because republicans are unwilling to accede to his wishes. economy remains poor. that is what they say. republicans say just the opposite. they say because the president will not reduce taxes, because he will not cut government spending that is why the economy is poor and shouting continues. >> thank you for that update. [ laughter ] >> nice to see you. >> the president's healthcare law was supposed to make it more affordable but a glitch, so called glitch in the system could price many families out of healthcare. how did it happen? dr. mark siegle has answers for us. a fiery meeting as a new look what americans are saying about the government versus personal freedom. >> when angry people get together, this new york area. >> obviously -- assault weapons -- >> what is the penalty if you do not register. there are a lot of people setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two al
programs. gregg: he already raised some taxes and tax rates, now he wants more tax revenue. what does that mean, closing loopholes? >> reporter: he wants to close loopholes which he says allows higher income people to take advantage of things that lower their tax rate below the rate paid by salaried and hourly workers. republicans say that any new tax revenue should be used to lower -- lower income tax rates for everyone. they are not sure they want to use that money to lor lower the deficit. that is one of the issues that will need to be resolved as the president and congress workout this deal to avoid this sequester, gregg. gregg: the republicans didn't win the last tax battle. we'll wait and see. wendell goler live at the white house. thank you. martha: there are new questions today about the biggest gas price skwrupl nap years in some states. what is going on out there? we'll have new details and what might be the latest pain at the pump. . . . ..
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.8%. >>> republicans say the latest offer is nothing new and means higher taxes. the president believes the cuts would hurt the economy and he's willing to settle for a short-term fix. >> if congress can't act immediately on a bigger package, if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe they should at least pass a smaller package of spending cuts and tax reforms that would delay the economic damaging effects of the sequester for faw more months until congress finds a way. >>> cbs political news director john dickerson. john, good morning. another deadline in washington, another proposal for a short-term fix without any specifics about how to do it and thousands of people facing job loss. is this about the president trying to gain the political upper hand? >> you sound tired of these skirmishes, norah. they've been going on for about two years. this is chapter 87 in a very dreary book. this is about both sides trying to gain leverage in this latest fight. what the president is trying to do what the republicans are try dochlgt put your
. in the meantime he wants a short-term fix of spending cuts and tax revenue. republicans, of course, are not happy with this strategy. one senator saying that the president needs to get serious about this pointing out that americans don't want anymore tax increases. >> it's a huge issue. dan lothian at the white house. thank you. >>> also at the white house today the president has been meeting with labor and business leaders to push his plans for comprehensive immigration reform. later this hour i'll speak with one of the people who are inside that meeting with the president, the goldman sachs ceo, lloyd blackfine. he'll be in "the situation room." we'll hear from a rising star, san antonio mayor, julio castro who came to discuss fixing immigration. all of that coming up. at the same time, the president was speaking to reporters at the white house. the republicans number two man in the house of representatives was in the middle of his speech debuting the republican party new message to voters. eric cantor gave our chief congressional correspondent dana bash a preview. listen to this. >> there's a
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march 1 to come up with a plan including tax reform and spending cuts. if the problem sounds familiar, it should. it's the same decision lawmakers faced in december deciding to push back the deadline to march 1 here we are again. if no deal is in place by then, auto in thic tax hikes and spending cuts will kick in. >> this economy is headed in the right direction ask will stay that way as long as there aren't any self inflekted wounds-Ñ;n. >> it's a lot of money. it's down nearly $1.1 trillion. at a peak of $1.4 trillion at the end of president bush's second term. experts say the deficit could drop by 2015. >> today, british parliament legalized same-sex marriage that7:ru:u&d allow couples to get married in both civil and religious ceremonies if instit yug as agree to it. it needs to pass a final vote next week. the u.s. military appears ready to extend benefits to same-sex partners of service members. a final decision has not been made on which benefits would be included. pentagon is likely to aallow the partners to have access to some programs. the pentagon repealed a ban on openly
more taxes along with spending cuts. but house speaker john boehner says tax hikes are out of the question. >> every month under president obama, kind of feels the same. high unemployment, rising prices, and more debt for our children and grandchildren. >> reporter: speaker boehner says he does not want another temporary fix. some house republicans have indicated they will let the automatic cuts take effect if there is no long-term agreement to reduce the deficit. those cuts would take a bite out of military spending and domestic programs, including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> they are coming to california because this is where it is. he is not going to lubbock or wherever the places are that make up that state. >> those other places. [ laughter ] >> governor brown takes aim at texas. why he is going toe to toe with the lone star state. >> it's cleanout time. the 49ers report one more time to empty their lockers. coach harbaugh's final thoughts on the season. >> good evening to you, meteoro
a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months until congress finds a way to replace these cuts with a smarter solution. >> pelley: in an interview on sunday, we asked the president about all of this. we found out last week that the economy actually shrank in the last three months of last year. if the federal spending cuts that are on tap for march actually take effect, will that push the country into recession? >> i don't know if it will push the country into recession, but here's what we know. the reason that the economy shrank a little bit, despite the fact that housing is recovering, manufacturing is going strong, car sales are up-- you know, the truth is, is that, overall there were a lot of positive signs in the economy. the big problem was defense spending was cut 22%. that was the biggest drop in 40 years. it was very abrupt. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self- inflicted wound
't come together to eliminate a few special interest tax loopholes or government programs we agree need some reform. >> republicans are criticizing the president for failing to submit his budget proposal to congress before the government deadline, which is the first monday of february. he's missed the deadline four times in five years. >> we could learn more about the proceedings of the man accused of killing chandra levy. they will hold a hearing today to discuss reporters' requests about closed proceedings. we aren't sure what the hearings were about. guandique a may have the conviction overturned because a key witness in the trial is not credible. >>> in the child sex abuse charge against him, lawyers for rick curl filed document for an agreement but no deal until the incompetent pear work is signed. a document says a girl was sexually abused starting at 13 years old. he could face prison if guilty. he's due in court on february 21st. >>> redistricting plan could die today. the washington post is reporting that william howell will use a procedural move to kill the proposal. according
.4%. >>> republicans say president obama's latest offer is nothing new and means higher taxes. the president believes the cuts would hurt the economy and he's willing to settle for a short term fix. >> if congress can't act immediately on a bigger package f they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months until congress finds a way. >> cbs news political director john dickerson is in washington, john good morning. >> good morning, norah. >> another deadline in washington, another proposal for a short term fix without any specifics about how to do it and a bunch of people, thousands of people facing job losses. is this about the president trying to gain the political upper hand? >> you sound tired of these skirmishes norah? they've been going on two years this is chapter 87 in a dreary book. this is both sides trying to gain leverage. they're trying to put
softness. face every day ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and error has arrived. try a free sample at eucerinus.com. hi victor! mom? i know you got to go in a minute but this is a real quick meal, that's perfect for two! campbell's chunky beef with country vegetables, poured over rice! [ male announcer ] campbell's chunky soup. it fills you up right. >>> welcome back. 32 minutes past the hour. we are learning more about the kidnapper in alabama. this is the man holding a 5-year-old boy in an underground bunker. he has deep mistrust of the government. let's go to midland city, alabama. gabe gutierrez is standing by. what about negotiations? did they continue overnight? did they result with anything? >> reporter: good morning, alex. police aren't leasing much information on how o they
to take effect the 1st of march. the president called today for a limited package of spending cuts and tax reforms to avoid the deadline. republican speaker of the house john boehner rejected that, saying republicans want a bigger agreement on a long-term deficit reduction plan. the white house also announced today president obama will be going to israel this spring for the first time since taking office. israeli media say he's due to arrive march 20th, though the white house would not confirm any of the travel dates. >>> we are learning much more tonight about the breaking story we brought you here last night. the dramatic rescue of a 5-year-old boy after a standoff in alabama that lasted almost a week. nbc's gabe gutierrez is with us tonight from midland city, alabama. gabe, good evening. >> reporter: brian, good evening. today ethan's mother broke her silence. in a written statement she said, i woke up this morning to the most beautiful sight, my sweet boy. i can't describe how incredible it is to hold him again. at the hospital today, there were no signs of the ordeal young ethan, seen
taxes sensible regulations and fair legal system are just the thing to get your business moving to texas. >> a lot of work left to do. but i would take california any day. >> and in addition to those ads, texas even has a website with steps to take for businesses wanting to make a move. >>> 4:49. california is dropping algebra for 8th graders part of a move towards what's called the common core curriculum. most states have already adopted it eliminating the current requirement for 8th graders to take algebra one but they still can if they want to or they can opt for an alternative course that's a little easier. >>> cities in california have banned medical marijuana dispensaries. >> now they are waiting on a ruling about how far state law can go to protect the right to do business. the state supreme court will hear arguments today on whether local governments can ban the dispensaries. right now about 200 cities and counties ban medical marijuana dispensaries. about 3 dozen are right here in the bay area. >>> it is 4:49. accused of being qui
: republicans argue democrats have no plan for replacing the sequester beyond eliminating tax breaks for corporate jet owners and oil companies. >> these aren't real solutions, mr. president. they're poll tested gimmicks. >> reporter: the cuts were originally supposed to kick in last month, but a last-minute deal pushed them off for two months. the president is meeting at this hour with labor leaders later this afternoon with business leaders and the subject, norah and charlie, is sure to come up. >> nancy cordes thanks. >>> meantime house majority leader eric cantor will be outlining a new agenda for his party today calling for change. he wants republicans to focus more on issues like education and health care and spend less time talking about the deficit. congressman cantor is with us this morning. >> good morning. >> you've got a big speech today asking the republican party to change. is this about tone or ideology? >> what this is about is about making sure that we can express why we're doing what we're doing. we believe very strongly obviously in things lik
on tuesday urged congress to act. >> they should at least pass a smaller package of spending cuts and tax reforms that would delay economically damaging effect of the sequester for a few more months. >> reporter: if you think of it as a t-bone stake, the sequester is like a butcher's knife, lobbing off a big piece. republicans want to avoid the cuts but dismissed the president's proposed solution outright. the white house has made other news this week, saying the president will head to israel for the first time for the first time since taking office this spring, savannah. he is scheduled to arrive there, but the white house won't confirm the exact date. >>> chuck todd joins us now. good morning to you. >> good morning, savannah. >> we have known for a while the u.s. government has authorized strikes against american citizens believed to be al qaeda leaders. what we learn in this memo is the legal justification for that. some are concerned about how expansive the power is that the administration gives to itself. how much of a political problem is this for the president? >> you put these po
.5% sales tax to gasoline and eliminate a 17 cent gasoline tax and scrap the governor's sales tax increase. >> in alabama community can breath a sigh of relief after a week long stand off comes to an end. a five year old boy is reunited with his family and his captor is dead. sarah simmons is back. >> good morning. officials say they raided the bunker where 65-year-old jimmy lee dykes was holding the boy after negotiations deteriorated. dykes was killed. but officers have not said if he was killed or killed himself. the boy is said to be doing well. officials say his safety always remained top priority. >> i have visited with ethan. he is doing fine. he's laughing, joking, playing, eating. things that you would expect a normal 5 to 6 year old young man to do. >> let me explain something to you about this little boy. very special child. he's been through a lot. he's endured a lot. by the grace of god, he's okay. >> ethan turns 6 years old tomorrow and dykes took the boy off of his school bus after killing the driver. that driver 66-year-old charles poland junior has been hailed a hero. offi
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